Word: seacliff
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...companies can't sell stock or bonds as easily as investors would like to buy them, the cost of capital will go up," says James Ellman, president of the money-management firm Seacliff Capital. "That hurts companies' ability to expand, buy equipment and create jobs. GDP grows slower." (See pictures of TIME's Wall Street covers...
...will continue to talk over the weekend to discuss the firm's options. There are a number of possible outcomes, not all of which conclude with the end of Citi. "Somehow they need to get the price of their stock up," says James Ellman, a hedge fund manager at Seacliff Capital. "If they don't they are in for a lot of big problems...
...break the negative feedback loop," says Seacliff's James Ellman...
...driver's conviction that the routes of heaven are not to be found by following a regular schedule, he is always ready to swerve off course to answer the invitational glances of a lady or to chase a taxi containing his true love along a seacliff highway...
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